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NSLDS Newsletter
• The storage and display of Outstanding Principal Balance and
Outstanding Interest Balance history
Number 10 May 2005
• The addition of the Conditional Disability Discharge Tracking
System (CDDTS) as a new data provider to NSLDS
Capturing Until recently, the following key loan information was stored in the
Outstanding Principal NSLDS:
Balance and
• Current guaranteed/approved amount
Outstanding Interest
Balance History • Disbursement amount history
• Current balance
All OPB and OIB will be stored and displayed for one year after being
reported. After one year, NSLDS will store all reported balances for
the current year, but for previous years, NSLDS will only store and
display the OPB and OIB reported at the end of each quarter and
before and after loan status changes. This new NSLDS system
1
enhancement will not affect how ISIR transactions are generated
because the Prescreening and Postscreening processes use current
loan data.
2
The Information Icon ( ) displayed next to a value on the
Outstanding Amount Balance History pPage indicates changed data.
Any time a value changes in the OPB, OIB and/or Loan Status
columns, a new row will be created and an Information Icon will
denote which value triggered the change.
The page was designed to make it easier to read and locate changes
in the data.
Historically Correct
Loan Status In general, the Historically Correct Loan Status column will be
populated with “Yes.” The Historically Correct Loan Status column will
only be populated with a “No” when a more recent loan status and
loan status date contradicts previously reported loan status
information.
Example
For instance, in the example above, Fall 2004 semester enrollment
information was not received by the data provider at the time of the
borrower’s enrollment. Therefore, a Subsidized Stafford Loan moved
into Grace on 05/02/2004, and then into Repayment Status on
11/02/2004.
The school then provided enrollment information late in the Fall 2004
semester that the student was enrolled at least half-time for the Fall
2004 semester.
3
NSLDS changed the value in the “Historically Correct Loan Status”
field to “No” for the periods that the loan had been originally reported
as In Origination (IA), In Grace (IG), and Repayment (RP) Statuses.
This in turn created a new row in the Outstanding Amount Balance
History because a new Loan Status was reported and the OIB was
updated.
The information in the Historically Correct Loan Status column, when
compared to the Loan Status with which it is associated, may help
explain why an OIB accumulated and was then reduced.
For additional information, please visit the Help Pages found on the
NSLDS Financial Aid Professionals Web site at www.nsldsfap.ed.gov.
NSLDS only displays the OPB and OIB as reported by the data
provider. Questions related to this history should be directed to the
appropriate data provider.
4
required, when reporting to NSLDS, to report zero balances for loans
in a disability status (DI or DS). They are now encouraged, but not
required, to submit current balance amounts to NSLDS when
transferring loans to CDDTS. If data providers report zero balances,
NSLDS will use the last previously reported balance until current
balance information is provided by CDDTS.
- DS - Disability
NSLDS will use the OPB, in conjunction with the loan status, to
distinguish between a conditional and a final disability discharge.
When CDDTS issues the final disability discharge, CDDTS will report
a zero balance on the loan. The loan status will not change.
5
However since the OPB is zero, NSLDS will change the warning icon
to Permanent.
An FAA with questions about eligibility for a student who has received
a disability discharge may confirm the loan status with the current
data provider on the NSLDS, which will include CDDTS (575) for
newer discharges. If CDDTS issues a permanent disability discharge
and reports a zero OPB to NSLDS, then that loan will have no further
impact on student eligibility.
On the ISIR data, FAAs will see these reported loans associated with
GA 575 as Contact Information Type “DDP.”
ACS/CDDTS Operations
P.O. Box 7200
Utica, NY 13504
CDDTS Repayment Phone Number: 888-869-4169
Servicing
Perkins Loans:
FFEL accounts: